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To: Retain Mike
Editorials stating such things as “ExxonMobil this week reported first quarter profits of $10.7 billion – up nearly 70 percent from last year” should at least bemuse or amuse people. The profit is worldwide for the world’s largest company,

ExxonMobil IS NOT the worlds largest company, its not even the largest oil company. It IS NOT the largest employer of people in the US. Exxon has the largest GROSS profit, BUT NOT near the highest profit margin. In fact their profit margin is about average at best.

20 posted on 05/13/2011 10:52:11 AM PDT by mountn man (The pleasure you get from life, is equal to the attitude you put into it.)
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To: mountn man

My link does say it is the largest company by market value. You are right. I should have at least included that qualifier. Considering how business stories are handled outside the WSJ, the qualified statement is also probably suspect.


32 posted on 05/13/2011 12:10:21 PM PDT by Retain Mike
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